Taking this a step further, you can determine the number of days it takes to completely turn over inventory by dividing the number of days in a period by the inventory turnover ratio.

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Because of increased turnover, both employers and employees these days have a much better idea of the going rate for the job.

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Take in the view from micro: factory owners increasingly find their single digit margins poor consolation for the grueling regimen of running 3 shifts a day, 330 days a year, with double digit workforce turnover.

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